The international energy services company, Wood Group PSN, has won a contract with Esso Highlands to provide construction and maintenance to services to the Hides gas plant in Papua New Guinea’s Highlands and the new PNG LNG plant near Port Moresby.
‘Modest’ gas find in Gulf of Papua – Oil Search
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25 Jul 2013 by
Oil Search has reported that while it has discovered only ‘modest’ quantities of natural gas during a new exploration campaign in the Gulf of Papua, it will continue drilling in the area.
Private companies boost Papua New Guinea’s health sector
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11 Dec 2013 by 2 Comments
The private involvement in healthcare has expanded substantially in Papua New Guinea as foreign investment, particular into the country’s mining and petroleum sectors, has grown. We present a brief overview of the sector.
Around the world: ‘Time’ magazine looks at sorcery killings and other international stories
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11 Jun 2013 by
Time magazine looks at PNG’s sorcery killings, the Wall street looks at ExxonMobil’s ‘PNG gas grab’, submarine cables link Tonga and Vanuatu to Fiji and new PNG investment in Samoa.
ExxonMobil and InterOil get together on second gas project
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29 May 2013 by
Papua New Guinea’s much-anticipated second gas project could turn out to be an extension of its first, as ExxonMobil commences exclusive negotiations with InterOil and Pacific LNG.
People moves: Leighton Holdings
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27 Mar 2013 by
Leighton Holdings has appointed Robert Humphris to the role of Chairman, following the surprise resignation of Stephen Johns. Humphris is the former managing director of Peabody Resources. Paula Dwyer becomes Vice-Chairman.
Interview: Peter Graham, Esso Highlands Ltd
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12 Mar 2013 by
With gas production from the US$19 billion PNG LNG project due to start next year, Peter Graham, Managing Director of Esso Highlands Limited, talks exclusively to Business Advantage PNG about the long-term impact of the project on the economy.
Is LNG a safe bet for Papua New Guinea?
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6 Mar 2013 by 1 Comment
Papua New Guinea will be heavily reliant on its liquefied natural gas exports for many years to come. Rod Myer considers how PNG’s aspirations may be affected by global trends. Papua New Guinea is beginning to reap the rewards of its nascent LNG industry but the potential for LNG in PNG is far greater than […]
Five things we learned at the PNG Mining Conference
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15 Dec 2012 by Leave a Comment
The 12th Papua New Guinea Mining and Petroleum Investment Conference was held last week in Sydney, Australia. The event was hosted by the PNG Chamber of Mines and Petroleum. 1. Resources have never been bigger in PNG As PNG’s new Mining Minister Byron Chan observed, mining was responsible for 71% of PNG’s export receipts in 2011. The 1350 […]
Reaching out to the unbanked
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1 May 2012 by Leave a Comment
Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market. ‘PNG continues to have a very, very strong banking sector. We are very lucky here to have the banks that we do. Investors want that, and they often don’t expect that there’s […]
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